ARTIKEL

Factors Influencing Capital Expenditure

Deden Mulyana and Nila Nurochani

Abstract. The purpose of the current study is to describe and analyze the partial and simultaneous influence of Local Revenue, Revenue Sharing Fund, General Allocation Fund, and Specific Allocation Fund on capital expenditure in cities/municipalities in West Java. The research method used was descriptive analysis. The data collection technique was documentation where the researcher analyzed documents, transcripts and reports related to and supported the current study. The data used was secondary data time series from 2012-2014. The data analysis technique was panel regression analysis of data involving the combination of the time series and cross-sectional of data. The finding showed that the Local Revenue (LR), Revenue Sharing Fund (RSF), General Allocation Fund (GAF) and Specific Allocation Fund (SAF) had a simultaneously significant influence on the capital expenditure. Partially, the Local Revenue, Revenue Sharing Fund, and the General Allocation Fund had a significant influence on capital expenditure, while the Specific Allocation Fund did not have any significant impact on the capital expenditure. read more Factors Influencing Capital Expenditure.

This study investigated and analyze the level of liquidity of shares of companies listed on the LQ45 index, stock price movement of listed companies on the Index LQ45, stock liquidity effect on stock prices on companies listed in the Index LQ45. The research method used in this research was descriptive method of analysis and correlation method, while the type of data used in this research was secondary data. Mechanical withdrawal sample use purposive sampling method (sampling conditional) where the terms in this study are consistent issuers during the three years were always listed on the Index LQ45 exist 19 issuers. The analytical tool used was simple linear regression analysis, analysis determination coefficient and hypothesis test. From the research result shows that the magnitude of the coefficient of determination, is 45.6% which means that the liquidity of shares positive effect on stock prices at LQ 45 in Indonesian Stock Exchange. read moreANALISIS LIKUIDITAS SAHAM TERHADAP HARGA SAHAM